The Real Deal New York

From the March issue: There’s a recession. Deals are scarce. Commissions are shrinking. It’s a great time for broker rustling.
Commercial services firms are aggressively poaching their
competitors’ brokers and research analysts, figuring they will be
better positioned to win market share once a rebound takes hold. The
slow transaction volume means fewer money-making deals are tying
brokers to their firms, creating ripe opportunities for rival firms to
exploit the age-old tension between the lower-ranked agents and their
senior producers. [more]